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Recently, the Ministry of Industry and Information Technology issued the "14th Five-Year Plan for the Safety Development of the Civil Explosives Industry", proposing to stop production by June 2022 and stop the sale of other industrial detonators except electronic detonators by the end of August
Civil explosives are a general term for various industrial explosives and their products, detonating equipment and industrial pyrotechnics
Industry insiders believe that this "Planning" has given a deadline for the use of industrial detonators, and the electronic detonator market will enter a stage of rapid growth
Electronic detonator is a new type of industrial detonator, also known as digital electronic detonator.
According to estimates, the scale of China's industrial detonator industry will be about 2.
In addition, in the context of increasing downward pressure on the economy, infrastructure, as the backbone of fixed asset investment, is expected to start a new round of growth
At present, there are 11 civil explosives in Shanghai and Shenzhen including Poly United, Huhua, Jinaobo, Nanling Civil Explosion, Guangdong Hongda, Xuefeng Technology, Jiangnan Chemical, Kailong, Yahua Group, Cathay Group, and Tongde Chemical.
Zhao Naidi, an analyst at Everbright Securities, believes that with the continuous advancement of supply-side reform and the continuation of the trend of integration of civil explosions, industry leaders will benefit significantly
